598 Elles WayGriffinGA30223
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Griffin at 598 Elles Way, Griffin, GA, 30223 at $152,000 posts ROI 34.17% with $599/mo cash flow from $1,524/mo rent. Total monthly income equals $1,524/mo, and annual cash flow records $7,186/yr on $50,388 to close. Return on cash invested measures 34.17% and rental yield reads 12.03% at the current $152,000. Equity gained on principal adds $981/yr, and 5% annual appreciation supports $41,995 by year five. Five-year ROI prints 179.21% and total cumulative return in cash totals $90,298.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,524/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2008
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30223, Griffin, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,006 (100%) |
| Owner Occupied HU | 9,722 (57.2%) |
| Renter Occupied HU | 5,971 (35.1%) |
| Vacant Housing Units | 1,313 ( 7.7%) |
| Median Home Value | $235,994 |
| Average Home Value | $262,475 |
Housing Distribution
Address Breakdown
Residential
16,213
Single Family
15,572
Multi-Family
641
Businesses
1,075
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